OK, I talked to Esperknight, and I think we're on for TMII. While I'm waiting for the rest of the Xanadu II script to come along, and while he's writing the insertion program later, I'll chisel away at this giganto TMII writeup I got. The script is huge as hell, but the organization makes it easy to work with.
Anyway, Xanadu II is still a major event to look forward to. Honestly, it's the game I prefer to play. I hope we get it done soon. At the same time, it's also obvious how cool it would be to do a TMII translation. We'll see how it goes!